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SILVER Intraday Technical analysis 2012-02-10


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The silver approach to the lower limit of its medium term bullish channel in 33.30 suggesting a rebound. However a break of these levels would free a large potential and entail a bearish channel.

RSI provide buyers signals suggesting a rebound in the short term. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.

According to previous events, the market indicates a bullish opportunity on the levels of 33.30 with a 1st objective of 33.70, then 33.90. A break in 33.10 would invalidate this scenario.

 

 


 


施行 Albert Fitoussi, 解析的专家
InstaForex 公司集体 &复制; 2007-2012